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Cost Recovery in 2018: Predicting Winners and Losers Image

Cost Recovery in 2018: Predicting Winners and Losers

Rob Mattern

Back in March of this year, we predicted changes and trends the results of the 2018 Mattern Cost Recovery Survey would reveal. At that time, we got our…

Features

Law Firm Leadership: What is Legal Design Thinking? Image

Law Firm Leadership: What is Legal Design Thinking?

Mark Beese

While Design Thinking — a creative process for innovation — has become a staple topic in MBA programs and tech companies, it is just now showing up in law practice management circles.

Features

What Is Legal Design Thinking? Image

What Is Legal Design Thinking?

Mark Beese

Design Thinking — a creative process for innovation — has become a staple topic in MBA programs and tech companies, it is just now showing up in law practice management circles.

Features

Impact of the Big Four on the Legal Market Image

Impact of the Big Four on the Legal Market

Nicholas Bruch

<b><i>EY's Announcement That It Is Acquiring Riverview Law Could Accelerate the Pace of Change in the Legal Industry</b></i><p>There has been much talk in the past year that the Big Four were sniffing around the alternative legal services market looking for an acquisition. That wait is now over. Here is an analysis of how the acquisition may impact different sections of the legal market.

Features

Salary Hikes Not So Impressive After Inflation Image

Salary Hikes Not So Impressive After Inflation

Scott Flaherty

Law firms have bumped up starting salaries for associates at top firms over the past few years, prompting Big Law clients to raise a stink about outsized salaries for junior lawyers. But it turns out that this pay falls short of past peaks when inflation is taken into account.

Features

Do Your Lawyers Think as Business Owners or Employees? Image

Do Your Lawyers Think as Business Owners or Employees?

Kimberly Rice

There are two types of lawyers — those who have their own business and those who work for those who do. How do your lawyers size up?

Features

Professional Development: Firm Culture As Your Competitive Recruiting and Engagement Advantage Image

Professional Development: Firm Culture As Your Competitive Recruiting and Engagement Advantage

Sharon Meit Abrahams

Future attorneys are seeking the right place to launch their careers; therefore, by promoting your firm's unique culture, you can more effectively attract and retain the best talent for your firm.

Features

Litigation Funders Face Their Hardest Sell: Big Law Image

Litigation Funders Face Their Hardest Sell: Big Law

Roy Strom & Ben Hancock

There Is More Money Than Ever In the Hands of Litigation Financiers, But Can They Convince Law Firms to Use It?

Features

The NLJ 500: Large Firm Growth Slows Amid Consolidation and Contraction Image

The NLJ 500: Large Firm Growth Slows Amid Consolidation and Contraction

Ryan Lovelace

Lawyer Counts Increased By 1%, But Large Firm Growth Was Slowed Due to Consolidation. Just Three of the Top Five Firms on the NLJ 500 Showed Total Lawyer Headcount Growth

Features

Lawyers and Accountants: Collaborators and Competitors Image

Lawyers and Accountants: Collaborators and Competitors

Mark A. Cohen

Lawyers and accountants are professional allies, but who controls integration and delivery of their services is another story.

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MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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